Business combination expected to close June 23, 2022, Polestar expected to begin trading on Nasdaq under ticker symbol "PSNY" on June 24, 2022
Preliminary redemption elections reflect a 25% maximum, well-below current market average
Stockholder and Warrant Holder Special Meetings to be held on June 22, 2022
Gores Guggenheim, Inc. ("Gores Guggenheim" or the "Company") (NASDAQ:GGPI, GGPIU and GGPIW))), a special purpose acquisition company sponsored by affiliates of The Gores Group, LLC and Guggenheim Capital, LLC, and Polestar, the Swedish electric performance car company, today announced they expect to close their business combination on June 23, 2022, subject to Gores Guggenheim sto